SHE:301502 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	138.91	140.36	21.2	27.15	13.18
Trading Asset Securities	141.31	179.16	-	3.03	-
Cash & Short-Term Investments	280.22	319.52	21.2	30.18	13.18
Cash Growth	-12.30%	1406.87%	-29.74%	128.94%	-48.22%
Accounts Receivable	283.38	267.53	256.17	250.76	305.48
Other Receivables	0.99	0.53	0.12	1.04	1.1
Receivables	284.37	268.06	256.29	251.8	306.58
Inventory	107.69	113.52	103.29	102.2	128.92
Prepaid Expenses	-	0.78	0.01	5.7	0.02
Other Current Assets	7	2.38	14.71	5.09	7.59
Total Current Assets	679.28	704.26	395.52	394.97	456.29
Property, Plant & Equipment	352.73	343.55	252.9	238.42	182.41
Other Intangible Assets	27.48	27.8	28.45	28.82	28.62
Long-Term Deferred Tax Assets	1.97	0.28	0.54	3.67	5.11
Long-Term Deferred Charges	0.89	1.38	2.07	1.18	0.45
Other Long-Term Assets	8.25	1.74	4.5	2.1	2.21
Total Assets	1,071	1,079	683.98	669.17	675.09
Accounts Payable	174.28	187.95	142.34	153.37	206.71
Accrued Expenses	4.57	13.45	11.42	16.23	21.8
Short-Term Debt	39.02	40.03	40.03	65.71	51.93
Current Portion of Long-Term Debt	0.11	-	-	-	-
Current Portion of Leases	-	0.02	0.12	0.38	-
Current Income Taxes Payable	11.43	1.71	4.14	1.36	8.1
Current Unearned Revenue	4.58	3.18	4.31	12.76	12.98
Other Current Liabilities	1.42	0.04	0.35	0.82	1.96
Total Current Liabilities	235.41	246.38	202.71	250.62	303.47
Long-Term Leases	0.14	-	0.02	0.57	0.79
Long-Term Deferred Tax Liabilities	5.85	5.04	3.98	7.11	5.4
Other Long-Term Liabilities	1.32	1.42	1.32	2.11	1.89
Total Liabilities	242.72	252.84	208.03	260.41	311.55
Common Stock	57.08	57.08	42.81	42.81	42.81
Additional Paid-In Capital	489.81	489.29	157.01	155.15	153.42
Retained Earnings	280.99	279.66	275.98	210.62	167.13
Total Common Equity	827.88	826.03	475.8	408.58	363.36
Minority Interest	-	0.15	0.15	0.17	0.18
Shareholders' Equity	827.88	826.17	475.95	408.75	363.54
Total Liabilities & Equity	1,071	1,079	683.98	669.17	675.09
Total Debt	39.27	40.05	40.16	66.65	52.71
Net Cash (Debt)	240.95	279.47	-18.96	-36.47	-39.53
Net Cash Growth	-13.78%	-	-	-	-
Net Cash Per Share	4.22	4.98	-0.44	-0.85	-0.92
Filing Date Shares Outstanding	57.06	57.08	57.08	42.81	42.81
Total Common Shares Outstanding	57.06	57.08	42.81	42.81	42.81
Working Capital	443.87	457.88	192.8	144.35	152.82
Book Value Per Share	14.51	14.47	11.11	9.54	8.49
Tangible Book Value	800.4	798.22	447.35	379.76	334.74
Tangible Book Value Per Share	14.03	13.98	10.45	8.87	7.82
Buildings	-	215.85	157.72	161.93	84.03
Machinery	-	154.96	136.35	124.9	109.17
Construction In Progress	-	52.64	17.65	10.72	51.1

Source: S&P Global Market Intelligence. Standard template. Financial Sources.